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not be willing or able to, seemingly, take on big tasks. >> that happened all this week. kristin is live at the white house. a lot of talk. we're one day closer to that deadline. what can we expect to hear from the president in the next hour? >> hi there, richard. we expect the president to continue to push to get a big deal. what's a big deal? about $4 trillion in deaf sigz reductions over the next decade. at the end of last week, it looked like he and speaker boehner were moving towards the same page in terms of trying to get a big deal. that fell apart over the weekend. so we expect the president to resume calls for a big deal to say now is the time to seize the moment. there will be political pain on both sides. what he means by that is the democrats will have to come to the table over entitlements, making small changes to things like social security and medicare and the republicans will need to come to the table in terms of rolling back tax break for wealthy corporations and americans. as you said, richard, he's going to hammer this point that they will continue to work until they g
. >> thank you. >>> speaking boehner balks as a big deal, but tonight's white house meeting is still on. today, the debt deal in pairil. and then the economy in 2012 with presidential candidate, rick santorum. >>> i am candy crowley, and this is "state of the union." hoped for a grand debt deal got buried last night in a blizzard of status quo rhetoric. the white house will not pursue a bigger debt reduction agreement without tax hikes. i think the best approach may be in producing a smaller measure. and dan pfeiffer responded, we cannot ask the middle class and seniors to bear all the costs and budget cuts. >>> joining me now, house republican whip, kevin mccarthy of california. if i am out there listening to all of this, i want to stan gul awful you. why can you not get this deal? it looks like a bargaining ploy? >> i don't think so. you would not increase taxes on the small business, which is what the president wants to do. you had an negotiation with cantor and kyl and biden. so what he's saying, let's go there, there's no taxes, and there are cuts right there, but why don't you als
, the government owes me. how big a problem do you think that is? >> entitlements are narcotics. this is why the left loves to expand the entitlement program in america and they instituted a massive new program called obama care which is essentially socialized medicine. once people get aticted to the narcotic of the entitlement, social security, medicare, medicaid, we have a whole array of entitlements, you get addicted to it, it is difficult to take it away. >> bill: what is the government's responsibility in bad economic times to feed people through food stamps. they have explode. >> we have 47 million americans now on food stamps which is a record breaking number that is heart breaking. >> bill: is that a nasca narco. >> we is so many drk including the food programs and benefits for the poor. >> bill: is that a narcotic? >> i will tell you why. it creates a culture and pattern of victimization. >> most people want to work and do not want a handout. most people want to compete and be in the game. they don't want to sit back and have the government give them sufficient. a small percentage o
. >> the proposal would have budget sate h savings of $500 million. -- $500 billion. also it calls for big changes to medicare and social security. >> i think at the end of the day, what the overwhelming majority of americans are saying, fix this. and if it takes a little compromise from both. >> but the is plan faces a harsh reality. tough procedural obstacles means the proposal won't be ready ahead of the august 2 debt ceiling deadline. and a key block of conservatives is already saying no way. >> we know it's going to hurt job creation. we know it's bad for small businesses. we're not going to go for this type of plan. >> with time running out, harry reid, who is still work on a fall back plan with mitch mcconnell says he's now waiting for a signal from house gop leaders. >> we have a plan to go forward over here, but until we hear from the house of representatives, we really are -- all of our work here would be for not. >> now there is also talk of folding elements of the gang of six plan into this so-called fallback plan being worked out between senators reid and senator mitch mcconnell. but
think speaker boehner has been very sincere about trying to do something big. i think he'd like to do something big. his politics within his caucus are very difficult. >> well, here's what he means. in a new poll, we see the complicated political caucus they are dealing with. the number of americans who are very concerned about default has ticked up seven points in the last two months. then it was just 35% believe not raising the limit and risking default was worse than raising it and potentially spurring more spending. now 42% see greater risk in a potential default, 47% are more concerned about lifting the limit but the gap has narrowed. that gets you talking about the education of the public in the last two months. look at the republican side. the folks who have been more engaged in this debate since the outset, the numbers have only hardened. 66% of republicans are more concerned with raising the debt limit compared to 60% in may. that number rises to 75% among republicans who identify with the tea party. so this is the issue. and speaker boehner has said he would only raise the d
the possibility of doing something bigger. >> look, here's where things stand. there are three different big deals out there. number one is what the president and speaker boehner and eric cantor are negotiating, which is, yes, a big deal that is separate from anything the gang of six in the senate is working on. and then of course there's mcconnell-reid. one thing that's going on in the last 24 to 48 hours, is any deal that's mcconnell-reid that includes this idea of sort of the disapproval vote, giving the president more power to raise the debt ceiling, that thing has grown to the point of almost being toxic with some house republicans. in fact, they hate it so much, they may prefer to negotiate with the president directly. but for the white house, getting the 217 means making a deal acceptable to at least some of those houses with 87 new members. the man who's made himself their standard bearer, majority leader eric cantor put it this way. >> one-third of the republican conference and one-quarter of the entire house of representatives are freshmen, they're new. many of them have never served in
warned failing to reach a deal would be catastrophic. >> we need to do something very big, very substantial to bring our long-term deficits down. >> arizona congressman is the co-chairman of the house progressive kau sus. thanks for joining us today. i want to play a little bit more sound from the president during his news conference and i want to get your thoughts. >> thank you. >> i do not see a path to a deal if they don't budge, period. if the basic proposition is it's my way or the highway, then we're probably not going to get something done because we've got divided government. >> how did he do? is the president digging in his heels? who do you think will blink first? >> i hope that essential programs that democratics have been supporting that we feel have been the only things that have been talked about, social security, medicare, medicaid that i hope he does dig in his heels. there has to be revenue generation. the tax policies of the republicans have got us into this mess, into this debt there is no job creation going on regardless of those tax cuts. we need jobs that's
. the boehner bill has capped on the spending so that seems to be a big divide. how do you tweak that to make the two of them happy? that might be a tall order. i can't think what would make the tea party satisfied with this bill, but balanced budget amendment? >> right. there has within talk around here unconfirmed that that is the sweetener being added to the boehner bill, a balanced budget amendment. but really this is an extraordinary evening in an extraordinary episode, greta, one that political scientists will be studying for 50 years or more. we watch both divided government at its most dysfunctional. and a president who to many observers appears to be side lined for the time being as -- congressional leaders work behind closed doors to hammer this out and deep divisions whereby a powerful speaker john boehner is having difficulty coralling votes he needed. remember he lost 59 republican votes. you have this large freshman class, 80 members, a lot backed by the tea party and elected here to, on a promise of cutting spending and take one exyampem. tim scott from south carolina was one o
guns on something he's done his entire presidency, which is when there's a big bill that needs to get through congress, whether health care, whether the stimulus or whether this, he lets congress handle the details. he doesn't present his own legislation. he doesn't say here's my plan. let's amend from this. it's instead, trying to let's grab a piece here, let's grab a piece there. let congress do all the talking. we'll see. it is one of those debates that takes place among folks that observe this president from the outside wondering why does he keep doing it this way. who will win the battle long term? john boehner and harry reid teed up that fight yesterday. >> two groups of people from two different planets who barely understand the language of the other one. they're two remarkably different visions for what the appropriate role of the government should be in our society. how our country operates. it's stark and it would shock most americans. >> any time around here with the new tea party philosophy, they seem to think they have an all-knowing wisdom about the constitution. in shor
boehner and president obama are still in contact. they are still working towards an agreement. big stumbling block, taxes still in the way, martin. >> i should explain, mike, that you're inside because there's a lot of rain outside the white house today. >> another major storm, that's right. >> absolutely. >> thanks so much. >> well, now that he's walked out of debt talks with vice president biden, taken a fight to president obama and clashed with speaker boehner, is there any compromise that will sit with house majority leader eric cantor? nbc's luke russert is covering that. republicans, what are they willing to sacrifice in order to reach an agreement? got a copy of the "washington post" which liberally quotes you, but have you been able to get an answer to your question yet? >> reporter: no, and they offer two explanations as to why, martin. number one, they say that a concession republicans are making is just in fact allowing the debt ceiling to go up because that's something that's so unpopular within the house republican caucus. the popular sentiment here in washington, d.c.
. question, which party do you think is more responsible for the big national debt. 32% say republicans. 28% democrats and 36% say both parties are to blame. now, the propry tore of dick morris .com. i'm surprised by the republican number. shows you are a.b an honest gu. did an honest poll. >> the residual blame that attaches to all things bush. >> bill: you think i t? >> and then the adeof a balanced budget under clinton and then a deficit all of a sudden under bush and that is what they remember. the other question in my poll was i asked people which party regardless of which party you support do you think would do the best job of holding down the national debt. and republicans win that by 35 to 25. so. >> bill: still should be 75 to 25. >> there are about 35 to 40% of the american people refuse to make those judgments by party. they hate them both that much. >> bill: and is true. there is recentment against most parties that is for sure. we didn't hear much today about the debt business, the gang of six or the seven aces, i don't know who they are. what do we have now, 12 days before the
was a big month for american auto makers. cite her says -- chrysler says sales was up 30%. general motors and ford report 10% increases. toyota and honda were off more than 21%. home construction fell 2.1% in may. overall, construction spending was down .6 of a percentage point. it could be four years before the construction returns to healthier levels. manufacturerring activity was up a bit in june after the worth month in two years in may. stocks ended the week on a high note. dow gained 168.5. s&p 500 up 19. nasdaq finished up 42.5. >>> governors in two midwestern states find themselves under fire tonight. one for not getting a budget deal done and another for the budget deal he did get done. correspondent mike tobin has that story from chicago. >> with protesters already outside his door, ohio republican governor john kasich dove deeper in controversy signing a budget that closes a $6- to $8 billion budget gap with deep and painful cuts. hardest hit are private nursing homes with a #% reduction in medicaid funding. the powerful ohio healthcare lobby responded with a dramatic add campa
at the white house that there shouldn't be another vote. that should wait until 2013. is that the big stumbling block right now? >>> senator reid said he clearly does not agree with boehner's approach. >> there are similarities, though.. >> some of the spending cuts, not all. both have this congressional committee that's going to be charge the with trying to identify deficit reduction. you can see how there could be conner tos. eric cantor, speaker boehner, other republican leaders have said frequently through this whole process, they do not think we should extend the debt ceiling. what we need to do is come together, compromise, get us through this period of imminent price sis where we don't want the country to default and then let's move on first of all to focus on the economy and jobs, but finish the job of deficit reduction in months ahead. the speaker of the house john boehner and the president are having very, very, i think, productive discussions about areas of potential common ground and we hope some of that work will provide the foundation for what congress does down the road here. >>
, on a big news day. we welcome you to america's news headquarters and lawmakers are racing against the clock, to finalize the possible deal before a scheduled vote on a democratic senate plan in three hours, and house speaker john boehner says he's hopeful and lawmakers will craft a package that can earn bipartisan support. >> i'm not going to put any deadlines but i think it is clear, should be clear to all of you, that senator mcconnell and i believe that we are going to be able to come to some agreement to end the crisis, as soon as possible. thanks. >> peter doocy live from washington with more, and what do you know about the phones deal. >> reporter: a senior republican leadership source told us what is in the framework of the tentative deal between republicans and the white house and it likes lot like the original boehner plan, but, with the timeline the president wanted. it would take us through 2013 and here's specific, a $3 trillion plan, that would raise the debt ceiling between 2.1 and $2.4 trillion. and cut a trillion dollars in spending right now, and, put together a special com
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of the big issues that the white house has had with the house republican plan and what's really been seen as an area that needed to be negotiated and really could be the thing that could lead to a break-through on a deal is this idea of if you're going to have a two-part increase in the debt ceiling that would take the debt ceiling through the next election, november 2012, it was really how you tied that second increase in the debt ceiling after several months. the white house senate democrats didn't like the way that the house republicans were doing it. they felt it would have led to some chaotic situation like we have seen with all of this back and forth over the debt increase and they would have seen it again around the new year and they didn't want to do it again. they are looking at that sort of seam, if you will, in the context of the framework to maybe work it out in a way that is more amendable to the white house and democrats. >> brianna keilar for us at the white house. cnn is dedicated to providing you up to the minute coverage of the debt crisis and tomorrow night, we will bri
Search Results 0 to 25 of about 26 (some duplicates have been removed)